Why SpaceX shares plummeted after a blockbuster IPO: Explained
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July 21, 2026
SpaceX stock has been falling almost daily lately. The stock has fallen in 10 of the past 11 trading days, posting a strong losing streak after a sharp IPO rally. The stock closed Monday at $119.99. In the latest session, the index fell another 0.3%.…
Elon Musk loses trillionaire status as SpaceX stock falls, says money will ‘no longer be relevant’ due to artificial intelligence
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June 24, 2026
Elon Musk He is no longer a trillionaire after the share prices of his companies, notably SpaceX and Tesladuring Tuesday’s global stock market selloff, according to the Bloomberg Billionaires Index. Musk’s net worth has now dropped to about…